🚨🚨🐋 Whales Make Big Moves: Accumulating Toncoin, Uniswap, and Lido! 🚀
1. Toncoin Whale Surge 📈: After a steep 21% drop in Toncoin (TON) following the detention of Telegram CEO Pavel Durov, major investors, known as whales, pounced on the opportunity. According to IntoTheBlock, these large holders increased their net holdings by an astonishing 307%. This significant accumulation suggests that whales are strategically buying at lower prices, potentially setting the stage for a future price surge. As whales drive demand, individual investors might be tempted to follow their lead, leading to a possible price recovery.
2. Uniswap’s Hidden Opportunity 💎: Uniswap (UNI) experienced a 27% decline last month, dropping to $5.67. Despite this setback, its market value to realized value (MVRV) ratio turned negative, indicating that the token may be undervalued. A negative MVRV ratio suggests that the current price is lower than what most holders paid, often signaling a buying opportunity. Santiment data shows a rise in UNI whales, with addresses holding between 1,000 and 1 million tokens increasing by 1% to reach their highest level since January. This growth in whale activity underscores their confidence in Uniswap’s potential for a rebound.
3. Lido Gains Whale Confidence 🦈: Lido (LDO), the token behind a leading decentralized finance protocol, has also become a favorite among whales. Recent data from Santiment reveals that whales holding between 100,000 and 1 million LDO tokens now control 9% of the total circulating supply. Over the past month, the number of these large holders has grown by 4%, reflecting a growing confidence in Lido’s future performance. This increased whale activity signals strong trust in LDO’s long-term potential.
$TON
$LDO
$UNI
#TON #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #PowellAtJacksonHole